Effectively if you say "Yes" to giftaid then the charity can claim the tax that you have already paid on that money. Just giving does this on behalf of the charity using an HMRC compliant, auditable system. People who pay tax via self assessment can also get this back, allowing you to give more for less.
Saying yes adds 25% to your donation.
E.g.
£100 | donation | |
£25 | refund from HMRC | |
Total to charity = | £125 |
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